Excerpt from CU Times
Tuesday, March 15, 2005
BETHESDA, Md. — Allpoint, the ATM network which charges credit unions a flat
fee to provide free ATM access to their cardholders, has signed the
Pennsylvania, Maryland and Delaware credit union leagues. The deal was made
between Allpoint and the leagues shared CUSO, the Mid-Atlantic Regional
Services Corp.
The deal means that credit unions that are members of the Pennsylvania
Credit Union Association, Maryland Credit Union League and Delaware Credit
Union League will be able to join Allpoint under more favorable terms than
they might have been able to otherwise.
Joining Allpoint will give the credit union members surcharge-free access to
37,000 ATMs nationwide, according to the network and 1,500 machines in
Pennsylvania, 875 in Maryland and 180 in Delaware.
"This partnership is a testament to the tremendous value state leagues
continually provide their member credit unions," said Ben Psillas, President
of Allpoint Network. "By all three leagues joining forces to partner with
Allpoint, league members not only receive unparalleled nationwide
surcharge-free access, but also significant cost savings."